UIPIX vs. BTCFX
UIPIX (ProFunds UltraShort Mid Cap Fund) and BTCFX (Bitcoin ProFund Investor Class) are both mutual funds - UIPIX is a Inverse Equities fund managed by ProFunds, while BTCFX is a Cryptocurrency fund actively managed by ProFunds. Over the past 3 years, UIPIX returned -21.99%/yr vs 18.92%/yr for BTCFX. At a correlation of -0.40, they often move in opposite directions. UIPIX charges 1.78%/yr vs 1.18%/yr for BTCFX.
Performance
UIPIX vs. BTCFX - Performance Comparison
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Returns By Period
In the year-to-date period, UIPIX achieves a -24.21% return, which is significantly higher than BTCFX's -28.27% return.
UIPIX
- 1D
- 0.11%
- 1M
- 1.03%
- 6M
- -16.71%
- YTD
- -24.21%
- 1Y
- -29.86%
- 3Y*
- -21.99%
- 5Y*
- 30.14%
- 10Y*
- -6.31%
BTCFX
- 1D
- 1.08%
- 1M
- 0.36%
- 6M
- -31.29%
- YTD
- -28.27%
- 1Y
- -48.39%
- 3Y*
- 18.92%
- 5Y*
- —
- 10Y*
- —
UIPIX vs. BTCFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
UIPIX ProFunds UltraShort Mid Cap Fund | -24.21% | -13.23% | -22.21% | 668.01% | 11.30% | -13.21% |
BTCFX Bitcoin ProFund Investor Class | -28.27% | -11.83% | 102.93% | 133.31% | -64.04% | -3.69% |
Correlation
The correlation between UIPIX and BTCFX is -0.39, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.35 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | -0.40 |
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Return for Risk
UIPIX vs. BTCFX — Risk / Return Rank
UIPIX
BTCFX
UIPIX vs. BTCFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraShort Mid Cap Fund (UIPIX) and Bitcoin ProFund Investor Class (BTCFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UIPIX | BTCFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.83 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | -0.85 | +0.04 |
| Martin ratioReturn relative to average drawdown | -1.49 | -1.38 | -0.11 |
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Drawdowns
UIPIX vs. BTCFX - Drawdown Comparison
The maximum UIPIX drawdown since its inception was -99.84%, which is greater than BTCFX's maximum drawdown of -77.89%. Use the drawdown chart below to compare losses from any high point for UIPIX and BTCFX.
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Drawdown Indicators
| UIPIX | BTCFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.84% | -77.89% | -21.95% |
Max Drawdown (1Y)Largest decline over 1 year | -35.54% | -54.81% | +19.27% |
Max Drawdown (3Y)Largest decline over 3 years | -65.67% | -54.81% | -10.86% |
Max Drawdown (5Y)Largest decline over 5 years | -65.67% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -90.12% | — | — |
Current DrawdownCurrent decline from peak | -99.21% | -50.81% | -48.40% |
Average DrawdownAverage peak-to-trough decline | -80.82% | -36.25% | -44.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.31% | 33.58% | -14.27% |
Volatility
UIPIX vs. BTCFX - Volatility Comparison
The current volatility for ProFunds UltraShort Mid Cap Fund (UIPIX) is 9.20%, while Bitcoin ProFund Investor Class (BTCFX) has a volatility of 10.96%. This indicates that UIPIX experiences smaller price fluctuations and is considered to be less risky than BTCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UIPIX | BTCFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.20% | 10.96% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 23.37% | 34.76% | -11.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.50% | 44.62% | -13.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 418.70% | 55.15% | +363.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 297.53% | 55.15% | +242.38% |
UIPIX vs. BTCFX - Expense Ratio Comparison
UIPIX has a 1.78% expense ratio, which is higher than BTCFX's 1.18% expense ratio.
Dividends
UIPIX vs. BTCFX - Dividend Comparison
UIPIX's dividend yield for the trailing twelve months is around 3.44%, less than BTCFX's 32.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BTCFX Bitcoin ProFund Investor Class | 32.72% | 44.62% | 24.28% | 10.95% | 0.00% | 0.00% | 0.00% | 0.00% |
UIPIX ProFunds UltraShort Mid Cap Fund | 3.44% | 2.60% | 0.00% | 4.74% | 0.00% | 0.00% | 0.00% | 0.48% |
Frequently Asked Questions
UIPIX and BTCFX have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTCFX has higher volatility (10.96%) compared to UIPIX (9.20%). In terms of maximum drawdown, UIPIX dropped -99.84% vs BTCFX's -77.89%.
UIPIX currently has the higher Sharpe Ratio (-0.91 vs -1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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